Give Credit where Credit is Due: Tracing Value Added in Global Production Chains
AbstractThis paper presents a new conceptual framework to measure sources of value-added trade by country in global production networks. With a parsimonious decomposition of gross exports that eliminates "double counting", it integrates all previous measures of vertical specialization and value-added trade in the literature. We apply the framework to the most recent appropriate data (2004). Among emerging markets, East Asian countries are the most globally integrated. Among major developed economies, the US is the most integrated in some aspects, and Japan in others. These regional differences also affect exporters¡¦ trade costs.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by Hong Kong Institute for Monetary Research in its series Working Papers with number 312011.
Length: 38 pages
Date of creation: Oct 2011
Date of revision:
Contact details of provider:
Postal: 55th Floor , Two International Finance Centre , 8 Finance Street , Central, Hong Kong
Phone: (852)2878 1978
Fax: (852)2878 7006
Web page: http://www.hkimr.org
More information through EDIRC
Other versions of this item:
- Robert Koopman & William Powers & Zhi Wang & Shang-Jin Wei, 2010. "Give Credit Where Credit Is Due: Tracing Value Added in Global Production Chains," NBER Working Papers 16426, National Bureau of Economic Research, Inc.
- F1 - International Economics - - Trade
- F2 - International Economics - - International Factor Movements and International Business
This paper has been announced in the following NEP Reports:
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Kei-Mu Yi, 2000.
"Can vertical specialization explain the growth of world trade?,"
96, Federal Reserve Bank of New York.
- Kei-Mu Yi, 2003. "Can Vertical Specialization Explain the Growth of World Trade?," Journal of Political Economy, University of Chicago Press, vol. 111(1), pages 52-102, February.
- Guillaume Daudin & Christine Rifflart & Danielle Schweisguth, 2009.
"Who produces for whom in the world economy?,"
Documents de Travail de l'OFCE
2009-18, Observatoire Francais des Conjonctures Economiques (OFCE).
- Baldwin, Richard E., 2007.
"Managing the Noodle Bowl: The Fragility of East Asian Regionalism,"
Working Papers on Regional Economic Integration
7, Asian Development Bank.
- Richard E. Baldwin, 2008. "Managing The Noodle Bowl: The Fragility Of East Asian Regionalism," The Singapore Economic Review (SER), World Scientific Publishing Co. Pte. Ltd., vol. 53(03), pages 449-478.
- Baldwin, Richard, 2006. "Managing the Noodle Bowl: The Fragility of East Asian Regionalism," CEPR Discussion Papers 5561, C.E.P.R. Discussion Papers.
- Robert C. Feenstra & J. Bradford Jensen, 2012.
"Evaluating Estimates of Materials Offshoring from U.S. Manufacturing,"
NBER Working Papers
17916, National Bureau of Economic Research, Inc.
- Feenstra, Robert C. & Jensen, J. Bradford, 2012. "Evaluating estimates of materials offshoring from US manufacturing," Economics Letters, Elsevier, vol. 117(1), pages 170-173.
- Biswajit Nag & Saikat Banerjee & Rittwik Chatterjee, 2007. "Changing Features of the Automobile Industry in Asia:Comparison of Production, Trade and Market Structure in Selected Countries," Working Papers 3707, Asia-Pacific Research and Training Network on Trade (ARTNeT), an initiative of UNESCAP and IDRC, Canada..
- Kei-Mu Yi, 2008.
"Can multi-stage production explain the home bias in trade?,"
08-12, Federal Reserve Bank of Philadelphia.
- Kei-Mu Yi, 2010. "Can Multistage Production Explain the Home Bias in Trade?," American Economic Review, American Economic Association, vol. 100(1), pages 364-93, March.
- Pula, Gabor & Peltonen, Tuomas A., 2009. "Has emerging Asia decoupled? An analysis of production and trade linkages using the Asian international input-output table," Working Paper Series 0993, European Central Bank.
- Robert C. Feenstra & Robert E. Lipsey & Lee G. Branstetter & C. Fritz Foley & James Harrigan & J. Bradford Jensen & Lori Kletzer & Catherine Mann & Peter K. Schott & Greg C. Wright, 2010. "Report on the State of Available Data for the Study of International Trade and Foreign Direct Investment," NBER Working Papers 16254, National Bureau of Economic Research, Inc.
- Dean, Judith M. & Lovely, Mary E. & Mora, Jesse, 2009. "Decomposing China-Japan-U.S. trade: Vertical specialization, ownership, and organizational form," Journal of Asian Economics, Elsevier, vol. 20(6), pages 596-610, November.
- Athukorala, Prema-chandra & Yamashita, Nobuaki, 2006.
"Production fragmentation and trade integration: East Asia in a global context,"
The North American Journal of Economics and Finance,
Elsevier, vol. 17(3), pages 233-256, December.
- Prema-chandra Athukorala & Nobuaki Yamashita, 2005. "Production Fragmentation and Trade Integration: East Asia in a Global Context," Departmental Working Papers 2005-07, The Australian National University, Arndt-Corden Department of Economics.
- Dean, Judith & Fung, K.C. & Wang, Zhi, 2008. "How vertically specialized is Chinese trade?," BOFIT Discussion Papers 31/2008, Bank of Finland, Institute for Economies in Transition.
- repec:ner:dauphi:urn:hdl:123456789/11720 is not listed on IDEAS
- Pula, Gabor & Santabárbara, Daniel, 2011.
"Is China climbing up the quality ladder? Estimating cross country differences in product quality using Eurostat's COMEXT trade database,"
Working Paper Series
1310, European Central Bank.
- Pula, Gabor & Daniel Santabarbara, Daniel, 2012. "Is China climbing up the quality ladder?," BOFIT Discussion Papers 23/2012, Bank of Finland, Institute for Economies in Transition.
- Gabor Pula & Daniel Santabárbara, 2012. "Is china climbing up the quality ladder?," Banco de Espaï¿½a Working Papers 1209, Banco de Espa�a.
- Jesmin Rahman & Tianli Zhao, 2013. "Export Performance in Europe: What Do We Know from Supply Links?," IMF Working Papers 13/62, International Monetary Fund.
- Martin Borowiecki & Bernhard Dachs & Doris Hanzl-Weiss & Steffen Kinkel & Johannes Pöschl & Magdolna Sass & Thomas Christian Schmall & Robert Stehrer & Andrea Szalavetz, 2012. "Global Value Chains and the EU Industry," wiiw Research Reports 383, The Vienna Institute for International Economic Studies, wiiw.
- Barry J. Eichengreen & Hui Tong, 2011.
"The External Impact of China's Exchange Rate Policy: Evidence from Firm Level Data,"
IMF Working Papers
11/155, International Monetary Fund.
- Barry Eichengreen & Hui Tong, 2011. "The External Impact of China's Exchange Rate Policy: Evidence from Firm Level Data," NBER Working Papers 17593, National Bureau of Economic Research, Inc.
- Erik Dietzenbacher & Joaquim J.M. Guilhoto, Denise Imori, 2013. "The Role of Brazilian Regions in the Global Value Chain," Working Papers, Department of Economics 2013_15, University of São Paulo (FEA-USP).
- Robert Stehrer, 2013. "Accounting Relations in Bilateral Value Added Trade," wiiw Working Papers 101, The Vienna Institute for International Economic Studies, wiiw.
- Yücer, Aycil & Siroën, Jean-Marc & GUILHOTO, Joaquim, 2013. "Internal and International Vertical Specialization of Brazilian states– An Input-Output analysis," Economics Papers from University Paris Dauphine 123456789/11720, Paris Dauphine University.
- Robert Stehrer, 2012. "Trade in Value Added and the Valued Added in Trade," wiiw Working Papers 81, The Vienna Institute for International Economic Studies, wiiw.
- Rahel Aichele & Gabriel Felbermayr & Inga Heiland, 2013. "Der Wertschöpfungsgehalt des Außenhandels: Neue Daten, neue Perspektiven," Ifo Schnelldienst, Ifo Institute for Economic Research at the University of Munich, vol. 66(05), pages 29-41, 03.
- J. David Richardson & Asha Sundaram, 2013. "Sizing Up US Export Disincentives for a New Generation of National-Security Export Controls," Policy Briefs PB13-13, Peterson Institute for International Economics.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (HKIMR).
If references are entirely missing, you can add them using this form.